Trump Executive Order Restricts Biden Student Loan Forgiveness Program for Public Service
“Instead of alleviating worker shortages in necessary occupations, the PSLF Program has misdirected tax dollars into activist organizations that not only fail to serve the public interest, but actually harm our national security and American values, sometimes through criminal means”
This program shouldn’t exist, but restricting it is a good start.
The Hill reports:
Trump signs executive order limiting eligibility for Public Service Loan Forgiveness
President Trump signed an executive order on Friday to exclude nonprofits that he says engage in “the subsidization of illegal activities” from the Public Service Loan Forgiveness Program (PSLF).
The executive order states “individuals employed by organizations whose activities have a substantial illegal purpose shall not be eligible for public service loan forgiveness.”
PSLF is a student loan program that lets those in government positions such as police or teachers, along with those working with nonprofits, to receive debt forgiveness after making 10 years of consecutive payments.
“Instead of alleviating worker shortages in necessary occupations, the PSLF Program has misdirected tax dollars into activist organizations that not only fail to serve the public interest, but actually harm our national security and American values, sometimes through criminal means,” the executive order reads…
A Trump staffer said “the problem” with the loan program is that some nonprofit employees work at organizations “that engage in illegal, or what we would consider to be improper activities supporting, for example, illegal immigration or foreign terrorist organizations or otherwise law breaking activities.”
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While he is at it fire and federal employee who has defaulted on their student loans or a least garnish their wages.
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